Do you actively spend your bitcoins? - page 110.

senyorito123

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Quote from: Ulloa on May 09, 2016, 05:31:06 AM

Quote from: bryant.coleman on May 09, 2016, 02:07:34 AM

Quote from: Hatuferu on May 09, 2016, 01:10:20 AM

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins.

Spending Bitcoin will be not the best thing that you can do and that is because the value is now not even that high and that must change soon.
If that will change soon than there will be a lot of people that is getting a lot of profit and that would be nice.

I dont really mind if i spend my bitcoin for this early stage as long as im using it for good, but my other ways where i spend my bitcoins is at gambling,tradings and investing and i think majority of us do the same way as i do, because thats the only use for bitcoin for now.

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Quote from: bryant.coleman on May 09, 2016, 02:07:34 AM

Quote from: Hatuferu on May 09, 2016, 01:10:20 AM

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins.

Spending Bitcoin will be not the best thing that you can do and that is because the value is now not even that high and that must change soon.
If that will change soon than there will be a lot of people that is getting a lot of profit and that would be nice.

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Quote from: Hatuferu on May 09, 2016, 01:10:20 AM

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins.

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Quote from: Hatuferu on May 09, 2016, 01:10:20 AM

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

If you earned your money from gambling sites, surely it will also lose with gambling. But still it will depend on how you will use very wisely your bitcoins you earned in what ever way you have that.

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Quote from: Hatuferu on May 08, 2016, 06:46:37 AM

I am spending it everyday because I am a gamblers and I gamble every in different online casinos accepting bitcoins.

it is bad if you always spend on gambling, especially you play every day. congratulations you will never get good life from gambling.

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Quote from: senyorito123 on May 08, 2016, 06:58:22 AM

Quote from: Nimbulan on May 08, 2016, 06:55:31 AM

Quote from: MbitSport on November 10, 2015, 01:35:02 PM

for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.

yes i spend my bitcoins really often as i like to do that and it is easier to buy with them, smaller fees too, and some sellers even give 2%-3% discount when buying with bitcoins

if everyone would just buy and sell bitcoins, and nobody would use them, no stores would accept bitcoins then, but now more and more stores accepts them so i think that others spends it too

Majority of us really use bitcoin in our daily habits like gambling,trading,investing,transacting or even cash out it to buy foods bitcoin is ready to be called money now because we can earn by it and we can do transactions person to person.

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

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Quote from: Hellacopter on May 08, 2016, 01:55:50 PM

I spend my bitcoins actively when i need to spend it for some billing purposes or some investing issues, but also in the other hand i try always to hold some coins for the Bitcoin's price increasing

I have to give the responsibility for buying my bills to my parents as of today, because I'm storing bitcoins today
for the upcoming halving, so that if the price of bitcoin increases. I can get some profit from it.

BitcoinLoan

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I'm spending Bitcoins very actively, because i use Bitcoin Debit Card (from Cryptopay) almost everytime when i can/have to pay with card i pay with Bitcoins. So it is even few times per week

I can not wait when for first time i will pay in terminal accepting Bitcoin Card Wink

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I spend my bitcoins actively when i need to spend it for some billing purposes or some investing issues, but also in the other hand i try always to hold some coins for the Bitcoin's price increasing

senyorito123

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Quote from: Nimbulan on May 08, 2016, 06:55:31 AM

Quote from: MbitSport on November 10, 2015, 01:35:02 PM

for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.

yes i spend my bitcoins really often as i like to do that and it is easier to buy with them, smaller fees too, and some sellers even give 2%-3% discount when buying with bitcoins

if everyone would just buy and sell bitcoins, and nobody would use them, no stores would accept bitcoins then, but now more and more stores accepts them so i think that others spends it too

Majority of us really use bitcoin in our daily habits like gambling,trading,investing,transacting or even cash out it to buy foods bitcoin is ready to be called money now because we can earn by it and we can do transactions person to person.

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Quote from: MbitSport on November 10, 2015, 01:35:02 PM

for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.

yes i spend my bitcoins really often as i like to do that and it is easier to buy with them, smaller fees too, and some sellers even give 2%-3% discount when buying with bitcoins

if everyone would just buy and sell bitcoins, and nobody would use them, no stores would accept bitcoins then, but now more and more stores accepts them so i think that others spends it too

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I am spending it everyday because I am a gamblers and I gamble every in different online casinos accepting bitcoins.

gerXhonza

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Spending at a moment is not the right thing to do,as halving is around the corner so holding now and spending at the time of halving would be more better.

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Quote from: JessicaSe on May 08, 2016, 01:56:17 AM

Spending bitcoin on regular basis is the right thing to do and it will be more profitable for bitcoin in long run as only holding will make bitcoin to go lower in future.

I have to disagree with you. You are comparing Bitcoin with fiat cash.

You need to invest using fiat cash (either in fixed return schemes such as treasury bonds or bank deposits, or variable return schemes such as mutual funds and real estate) as fiat is not protected against inflation. The longer you hold fiat, the purchasing power of it decreases.

Bitcoin is different. The net purchasing power of BTC never decreases, as it is protected against inflation through the principle of limited supply. So holding your coins is more preferable than spending them.

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Quote from: bamboylee on May 08, 2016, 01:47:38 AM

Quote from: wikenpp on May 03, 2016, 02:16:33 PM

I'm also not spending a lot of bitcoins these days because I'm very sure that the bitcoin is going to a high amount so spending right now is just not smart at all in my opinion.

Transactions will keep the price steady. It is good to spend bitcoins too. Holding some and spending some is a good approach too. If we all hold the bitcoins and transaction volumes drop, bitcoin price may drop too.

Spending bitcoin on regular basis is the right thing to do and it will be more profitable for bitcoin in long run as only holding will make bitcoin to go lower in future.

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Quote from: wikenpp on May 03, 2016, 02:16:33 PM

I'm also not spending a lot of bitcoins these days because I'm very sure that the bitcoin is going to a high amount so spending right now is just not smart at all in my opinion.

Transactions will keep the price steady. It is good to spend bitcoins too. Holding some and spending some is a good approach too. If we all hold the bitcoins and transaction volumes drop, bitcoin price may drop too.

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Quote from: peta4e on May 07, 2016, 06:33:19 PM

Quote from: bitlancr on May 07, 2016, 06:13:35 PM

No I right now do not spend a lot of bitcoins because of the halving that is coming up later this year.
Most likely it will be very profitable and because of this I do not want to lose any bitcoins.

That is the right thing to do, hold it till the halving, today I was in need of money so I sold 0.14 btc and converted it to my local currency as I thought that price was good.

That were a good use from the bitcoins and you used for emergency.I myself cant control when i see 0,05btc i need to invest it at someplace almost instant ,usually poloniex gets the funds at lending even not giving too much income i can earn without doing nothing soo its good to see the coin ammount up all days.

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Quote from: ecommerce on May 06, 2016, 12:14:49 PM

I like to spend my bitcoins if I have some bitcoins and buy from discounted shops.

I think you can buy goods at amazon with purse.io media. I saw seseroang say it and they give you a 15% discount for users who use payment with bitcoin?

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Quote from: bitlancr on May 07, 2016, 06:13:35 PM

No I right now do not spend a lot of bitcoins because of the halving that is coming up later this year.
Most likely it will be very profitable and because of this I do not want to lose any bitcoins.

That is the right thing to do, hold it till the halving, today I was in need of money so I sold 0.14 btc and converted it to my local currency as I thought that price was good.

bitlancr

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No I right now do not spend a lot of bitcoins because of the halving that is coming up later this year.
Most likely it will be very profitable and because of this I do not want to lose any bitcoins.

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